VALUE OF ENERGY STORAGE GAS/ELECTRIC PARTNERSHIP CONFERENCE. Daniel Crotzer

Size: px

Start display at page:

Download "VALUE OF ENERGY STORAGE GAS/ELECTRIC PARTNERSHIP CONFERENCE. Daniel Crotzer"

Bryan Glenn
5 years ago
Views:

VALUE OF ENERGY STORAGE GAS/ELECTRIC PARTNERSHIP CONFERENCE Daniel Crotzer CONFIDENTAL.

Energy Storage Developments California Mandate of 1.

4 Energy Storage Developments California Mandate of GW (PG&E, Edison and SDF&E) Massachusetts evaluating a mandate New York imposed a No Wires solution Germany ~15% of energy, BUT have times of 100% FRACTAL BUSINESS ANALYTICS LLC. ALL RIGHTS RESERVED. 4

I N D O O R / O U T D O O R FAC I L I T Y OPTIONS Site Options Indoor Facility Advantages: Indoor facility more costeffective to cool = less fixed Cost Available indoor space

5 I N D O O R / O U T D O O R FAC I L I T Y OPTIONS Site Options Indoor Facility Advantages: Indoor facility more costeffective to cool = less fixed Cost Available indoor space for interactive displays and education Tourable facility Outdoor Facility Advantages: Faster installation Mobile Very modular FRACTAL BUSINESS ANALYTICS LLC. ALL RIGHTS RESERVED. 5

7 Installation Cost Example Fixed Cost Related to Capacity $500/kW Scalable Cost Related to Duration $500/kWh $500 $500 *Allows Flexibility $500 $1000 $500 $2000 FRACTAL BUSINESS ANALYTICS LLC. ALL RIGHTS RESERVED. 7

9 Megawatts Net Demand with Storage Battery Storage Roadmap :00 3:00 6:00 9:00 12:00 15:00 18:00 21:00 0:00 Time of day Base Generation 1 GW 2 hr 2 GW 2hr 3 GW 2 hr FRACTAL BUSINESS ANALYTICS LLC. ALL RIGHTS RESERVED.

10 Price ($/MWh) 2014 Hourly Prices with Storage Battery Storage Roadmap :00 3:00 6:00 9:00 12:00 15:00 18:00 21:00 0:00 Hour of day Base Price 1 GW 2 hr 2 GW 2 hr 3 GW 2 hr FRACTAL BUSINESS ANALYTICS LLC. ALL RIGHTS RESERVED.

Price Spread ($/MWh) Misconception: Arbitrage $120 Price Spreads for Load Shifting $100 $98 $86 $93 $89 $83 $80 $72 $65 $63 $60 $40 $35 $53 $47 $41 $34 $32 $51 $38 $30 $48 $47 $44 $36 $35

11 Price Spread ($/MWh) Misconception: Arbitrage $120 Price Spreads for Load Shifting $100 $98 $86 $93 $89 $83 $80 $72 $65 $63 $60 $40 $35 $53 $47 $41 $34 $32 $51 $38 $30 $48 $47 $44 $36 $35 $26 $20 $15 $15 $14 $13 $11 $16 $7 $ Hours of Duration 2016 Required Spread 2021 Required Spread Texas California Hawaii FRACTAL BUSINESS ANALYTICS LLC. ALL RIGHTS RESERVED. 11

13 Application Evaluation Applications Duration 2016 Ancillary Services FRRS 30 min 1.65 Reg Up / Reg Dn 2 hour 0.87 Responsive Reserves 2 hour 0.60 Non-Spin 2 hour 0.24 Ramp Support 30 min 0.31 Renewable / DG Integration Firming, Smoothing, Shaping 2 hour 0.03 Peak Management Demand Charge Mitigation 2 hour 0.72 Real-Time Arbitrage 30 min 0.43 Demand Response 2 hour CP + Arbitrage 1 hour 0.32 Load Shifting (two 4-hr shifts) 4 hour 0.16 Load Shifting (one 2-hr shift) 2 hour 0.08 Emergency Services Emergency Response Services (ERS) 2 hour 0.35 Black Start Services 2 hour 0.05 Power Quality / Reliability T&D Deferral / Cost Avoidance * 2 hour 0.13 Power Factor 2 hour 0.06 Congestion Relief 2 hour 0.07 FRACTAL BUSINESS ANALYTICS LLC. ALL RIGHTS RESERVED. 13

15 Energy Storage Applications + B/C = 1.05 Fractal s Objectives: Determine technically and financially viable energy storage business models: Generate New Revenue Achieve Cost Savings Increase Reliability Hedge Against Future Risk Address Current Operational Challenges B/C = PV Benefits / PV Costs FRACTAL BUSINESS ANALYTICS LLC. ALL RIGHTS RESERVED. 15

$Contact Us Consultants: Judy McElroy and Daniel Crotzer Email: info@fractalba.$

System Acceptance Testing & Performance Evaluation of Battery Energy Storage Systems

System Acceptance Testing & Performance Evaluation of Battery Energy Storage Systems Battery Energy Storage System Testing Quanta Technology offers field testing of Battery Energy Storage Systems (BESSs)